Notes

a The Atlanta Braves sale in 2007 to Liberty Media was part of a complex swap of cash, stock, magazine holdings, and the Braves, in which Time Warner sent the Braves, a hobbyist publishing company, and $980 million to Liberty in exchange for approximately 68.5 million shares of Time Warner stock, at the time worth $1.48 billion. It was announced and confirmed that the Braves were given a value of $450 million in the transaction.[3][4]